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Tuesday, February 19
2019 06:00 PM / NBS
A total volume of 616,528,697 transactions valued at N39.15trn were recorded in Q4 2018 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed.
NIBSS Instant Payments (NIP) transactions dominated the volume of transactions recorded. 228,209,423 volume of NIP transactions valued at N23.57trn were recorded in Q4 2018.
In terms of credit to private sector, the total value
of credit allocated by the banks stood at N15.13trn as at Q4 2018. Oil &
Gas and Manufacturing sectors got credit allocation of N3.55trn and N2.23trn to
record the highest credit allocation as at the period under review.
As at Q4, 2018, the total number of banks' staffs increased by 1.80% QoQ from 102,821in Q3 2018 to 104,669.
Click
Here to Download Q4 2018 Selected Banking Sector Data PDF Report
Latest 2019 NBS Reports
Q1 2019
1.
Average Price of
1kg of Tomato Decreased By 2.39% YoY To N265.49 in January 2019 - NBS
2.
FAAC
Disburses N649.19bn in January 2019
3.
Average
Intercity Bus Fare Decreased By -13.90% MoM To N1,541.38 in January 2019
4.
Headline
Inflation Increases By 11.37% YoY in January 2019; 0.07% Lower Than December
2018 Rate
5.
Average
Prices of PMS, AGO, HHK and Cooking Gas – January 2019
6.
Total
Value of Capital Importation into Nigeria Stood at $16,812.47m in 2018 – NBS
7.
Nigeria’s
GDP Grew By 2.38% YoY in Real Terms in Q4 2018 and 1.93% in Full Year
8.
828,502
Employees Employed By 1,110 Registered Private Guard Companies in 2018 - NBS
9.
States
Generate N264.38bn as IGR in Q3 2018 - NBS
10. NBS
Publishes Drug Use in Nigeria 2018 Survey Report
11.
FAAC
Disburses N3.19trn To FG in 2018 - NBS
12. FAAC
Disburses N2.38trn To FG in 2017 - NBS
13. FAAC
Disburses N812.76bn in December 2018 - NBS
14. Average
Price of 1kg of Tomato Decreased By -7.76% MoM To N294.36
15.
Average
Within City Bus Journey Fare Decreased By -5.64% MoM To N181.61
16. Headline
Inflation Increases By 11.44% YoY in December 2018; 0.16% Higher Than November
2018 Rate
17.
Average
Prices of PMS, AGO, HHK and Cooking Gas – December 2018